DuPont Reports Lower Quarterly Earnings

Wilmington, DE, July 24, 2012 -- DuPont reported that second-quarter profit declined to $1.18 billion, or $1.25 a share, from $1.22 billion, or $1.29, in the year-earlier period.

Revenue rose 7.5% to $11.28 billion from $10.49 billion.

DuPont said in a Tuesday statement that it expected full-year adjusted earnings to come in at the lower end of its current outlook, which is $4.20 to $4.40 a share.